BANKS offers LOANS.

[cabalism13]

edited: (changed from question to statement)
If the Banks where about to give a service where the people can get a LOAN via Bitcoins I guess, it would be beneficial to all of us,The Banks and The Traders.
I think with this, trading would be a lot more easier, am I wrong?
Escrows will have an easier way to get money from other individuals, and the budgets for the Campaigns will be a lot more than before.

[maarx]

What if the Banks where about to give a service where the people can get a LOAN via Bitcoins would it be beneficial to all of us?The Banks and The Traders?
I think with this, trading would be a lot more easier, am I wrong?

Dude just came through a news fully oriented on loans which suits your needs here. Just go through the below link and find out more information on your query. It has just launched a crypto-to-fiat lending platform where cryptocurrency is used as collateral. On CoinLoan, everyone can become a lender or a borrower, on his or her own terms. Find more details on the below link;

https://news.bitcoin.com/pr-coinloan-opens-platform-to-bridge-gap-between-lenders-and-borrower/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

[cabalism13]

What if the Banks where about to give a service where the people can get a LOAN via Bitcoins would it be beneficial to all of us?The Banks and The Traders?
I think with this, trading would be a lot more easier, am I wrong?

Dude just came through a news fully oriented on loans which suits your needs here. Just go through the below link and find out more information on your query. It has just launched a crypto-to-fiat lending platform where cryptocurrency is used as collateral. On CoinLoan, everyone can become a lender or a borrower, on his or her own terms. Find more details on the below link;

-snip

Thanks for  the info, but I think it isn't a bank though? It's just a certain platform that offers the same service as the Banks.

And still, I think before getting Loans from the Banks will be in need of collateral depends on how much you borrow from them...    

[maarx]

What if the Banks where about to give a service where the people can get a LOAN via Bitcoins would it be beneficial to all of us?The Banks and The Traders?
I think with this, trading would be a lot more easier, am I wrong?

Dude just came through a news fully oriented on loans which suits your needs here. Just go through the below link and find out more information on your query. It has just launched a crypto-to-fiat lending platform where cryptocurrency is used as collateral. On CoinLoan, everyone can become a lender or a borrower, on his or her own terms. Find more details on the below link;

-snip

Thanks for info, but I think it isn't a bank though? It's just a certain platform that offers the same service as the Banks.
And still, I think before getting Loans from the Banks will be in need of collateral depends on how much you borrow from them...    

Loan requirement can be fulfilled anyway from the source provided above still. We do have a section called "Lending'' in this forum where you can find people lending bitcoin. https://bitcointalk.org/index.php?board=65.0  

But you are required to get through your documents verified i suppose. You will find more on lending. Check it out dude.

[LeGaulois]

edited: (changed from question to statement)
If the Banks where about to give a service where the people can get a LOAN via Bitcoins I guess, it would be beneficial to all of us,The Banks and The Traders.
I think with this, trading would be a lot more easier, am I wrong?
Escrows will have an easier way to get money from other individuals, and the budgets for the Campaigns will be a lot more than before.

The banks will have no value to lend cryptocurrency because it's not backed by something and by the way, traders don't borrow money
Escrows? Do you use escrow in your daily life? Would trading be a lot easier? So you think traders borrow money to banks to then go to trade using an escrow?

[mazesta]

I think it will be difficult, look at bitcoin prices, the price is very volatile, it means very easy to change. what if someone borrows a bitcoin when the price is 8000 US dollars and returns it at 7000?

[Lagrood]

Obviously it will be. Banks have tremendous liquidity and in the case which you have desribed a part of those liquidity will come on the crypto market. I am absolutely sure that it will support the price of bitcoin because banks do not want lend an expensive bitcoin and receive back a cheap bitcoin. Consequently it will cause a new persistent upward trend in bitcoin. Moreover I think that this situation will affect positively on the almost all altcoins making the crypto market bullish again. Unfortunatelly I have not seen and heard the similar ideas and intenstions from any official bank employers and I guess that it is just while a dream.

[hase0278]

I think with this, trading would be a lot more easier, am I wrong?

It would only be beneficial for the banks because they will earn more profitable than before. For traders, I'd say that they would profit less or if they lost it on altcoins, they would kiss their collateral goodbye.

Escrows will have an easier way to get money from other individuals.

They won't, escrows are not needed to get a loan from the bank, and they won't need it even if they allowed their customers to get loan via Bitcoin. It would just be the same as getting an ordinary loan but you will get btc for it.

[Gdra467]

Banks usually want something concrete as a collateral for taking loans. The volatility of cryptos may put whatever propert you used for collateral at the verge of being seized by the bank.

[sasdaryl1995]

If Banks offers loans for bitcoins. doesn't bitcoins price affect the payments as well? like what if you wanted to make the payment using btc then suddenly the prices go up or down?

[Stac]

I don't think that it is good option to take loans for investing in bitcoins or any other crypto currency as the crypto currency market is highly volatile in nature and so no one will be able to predict the market situation, like in normal financial markets there will be up and downs and the markets will not remain stable but the volatility is higher in crypto currencies. If we look at previous years price variation of bitcoins the price of bitcoins in the beginning of 2017 was less than $ 1000 USD but by year ending the price came up to $ 19300 USD which is huge differences in hiking and then the market started to fall so in such a situation I would say that it is not a good option to look for loans to invest in bitcoins and crypto currencies but a good option if you invest what you have in hand on bitcoins and crypto currencies then there will be less risk and long term investment will definitely get you good returns as there is potential for the prices to start the rally up.

[Betwrong]

edited: (changed from question to statement)
If the Banks where about to give a service where the people can get a LOAN via Bitcoins I guess, it would be beneficial to all of us,The Banks and The Traders.
I think with this, trading would be a lot more easier, am I wrong?

What loans are you talking about and why do you think traders need them? From my experience, and from what I've heard, the last thing traders need is borrowing money for their trading activity. That's how one can become an addicted trader, loosing money to unsuccessful trading and borrowing again and again chasing their losses. In most cases it would make life of traders rather harder than easier.

Escrows will have an easier way to get money from other individuals, and the budgets for the Campaigns will be a lot more than before.

Do you mean the budgets for the Signature Campaigns? It looks like you see loans as free money, which they are not. In most cases loans make people poorer in the end rather than richer.

[Okrah]

edited: (changed from question to statement)
If the Banks where about to give a service where the people can get a LOAN via Bitcoins I guess, it would be beneficial to all of us,The Banks and The Traders.
I think with this, trading would be a lot more easier, am I wrong?
Escrows will have an easier way to get money from other individuals, and the budgets for the Campaigns will be a lot more than before.

I don't think so if this is work better if the bank offer a loan by using bitcoin. For me I'm not in favor of this matter because it very complicated, bitcoin price is volatile. I prefer to invest my money in bitcoin directly because I don't want to be complicated through the bank that offer a loan for investment.

[maculeth]

edited: (changed from question to statement)
If the Banks where about to give a service where the people can get a LOAN via Bitcoins I guess, it would be beneficial to all of us,The Banks and The Traders.
I think with this, trading would be a lot more easier, am I wrong?
Escrows will have an easier way to get money from other individuals, and the budgets for the Campaigns will be a lot more than before.

banks will not lend via bitcoin, please understand.
escrow? you can do it right? but you do not do it with bitcoin, maybe another property or another asset, then you can borrow it to the bank. money earned from the loan can be used to buy crypto.

[Abeey4life]

Crypto currency bank loan is difficult to operate by banking sector because the price of bitcoin is usually unstable.

[ClackKendi]

The bank is the place where both the lender is both a place for people with cash surplus they can go there to receive interest rates for both lending and borrowing. Between these two actions the bank will receive a certain interest to the bank

[hugeblack]

Why do they lend to others, can they keep it and get free money?
The idea of buying Bitcoin using a loan seems scary to me, so how about getting a loan using Bitcoin as currency? "I'll be crazy if the price goes up ."
Perhaps the only way to use Bitcoin is to reduce transaction fees, which will be done by cryptos controlled by the bank or the state and not the Bitcoin.
Also, Bitcoin and banks are two entirely different systems, and each has its aspects so combining them in service seems like a false idea

[Akpuv]

If the banks decide to offer Bitcoin loan today, how will it be managed? I think this might never be a feasible thing nor easy for the banks to do. The cryptocurrency wallets are anonymous and the person taking the loan can deny owning the wallet or even claimed that the wallet has been hacked. Pay back becomes a legal issue. How will it be settled? So therefore, no need for such loans.

[Wendigo]

Banks need a tangible collateral from you before giving you a loan. In order to secure a Bitcoin loan you would have to give a fiat collateral which makes no sense in the first place. You can easily sell your assets and muster up the cash.
I see CoinLoan was mentioned earlier in the thread. Even there you would need to give fiat collateral before getting a Bitcoin loan and its only advantage is that they don't care about your credit score or solvency unlike banks. This fiat-for-crypto borrowing seems sketchy to me, because it looks like no proof of source of funds is required and one could essentially 'cleanly cashout' their ill-gotten Bitcoins by getting a fiat loan and never repaying it back.

[Umkar]

What if the Banks where about to give a service where the people can get a LOAN via Bitcoins would it be beneficial to all of us?The Banks and The Traders?
I think with this, trading would be a lot more easier, am I wrong?

Dude just came through a news fully oriented on loans which suits your needs here. Just go through the below link and find out more information on your query. It has just launched a crypto-to-fiat lending platform where cryptocurrency is used as collateral. On CoinLoan, everyone can become a lender or a borrower, on his or her own terms. Find more details on the below link;

https://news.bitcoin.com/pr-coinloan-opens-platform-to-bridge-gap-between-lenders-and-borrower/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

It is very interesting to see how long this CoinLoan extends to Estonia. By the way, it would be nice to know what percentage of the transaction amount takes CoinLoan. Not so long ago something like this was advertised here on the forum as the upcoming ICO, but I did not see the ICO itself.
However, I do not think that ordinary banks will deal with issuing loans to fiat on security of crypto currency. This activity is very risky for banks.